Accenture Plc (ACN-N) Quote – Press Release

BusinessWire – Mon Nov 9, 3:59AM CST

Accenture (NYSE:ACN) has introduced a new immersive engagement and expense software focusing on emerging know-how software program startups to assistance fill strategic innovation gaps for the Global 2000. Known as Challenge Highlight, the distinctive Accenture Ventures method signifies a new solution to engaging with the world computer software startup community.

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Past earning money investments, Challenge Highlight will give unprecedented accessibility to Accenture’s engineering domain abilities and its enterprise shoppers. Startups will co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios, performing with topic issue industry experts to adapt their solutions to the organization market and scale more quickly and a lot more successfully. Developed by 6-time Silicon Valley entrepreneur and CEO, Tom Lounibos, Job Spotlight seeks to transform the transactional nature of enterprise cash into an immersive engagement product.

“For quite a few startups, the most hard aspect of bringing a resolution to market place isn’t really obtaining a impressive concept or securing funding – it can be the nuanced comprehension of the organization company dilemma,” reported Lounibos, handling director, Accenture Ventures and Project Spotlight lead. “This initiative is a totally new way of approaching enterprise capital. We’re encouraging to set the spotlight on promising startups by bringing them into our innovation community, giving them publicity to the actual company complications that we are resolving for our shoppers and encouraging them tailor, refine and scale their methods for utmost influence.”

Accenture a short while ago invested in and formed a strategic alliance with SkyHive, a Vancouver, British Columbia-primarily based startup that works by using synthetic intelligence technological know-how and its proprietary quantum labor assessment methodology to facilitate labor market transformation, reskilling and understanding. SkyHive has been element of Venture Highlight considering the fact that March, doing work with Accenture technologists at The Dock, Accenture’s flagship R&D and world wide innovation centre in Dublin, and at Accenture’s FinTech Innovation Lab New York. In addition to collaborative R&D actions, the Accenture Talent & Corporation/Human Probable practice and SkyHive have supported dozens of customer use cases associated to pandemic response and are assisting World wide 2000 consumers outline and navigate immediate workforce improvements.

Most just lately, Accenture introduced SkyHive into a collaboration with Walmart and Unilever as component of an energy catalyzed by the Globe Economic Forum’s Client Industries Taskforce on Long run of Operate. By means of the collaborative business exertion, the businesses are functioning on a ten-week pilot that will provide as a evidence-of-concept of reskilling and redeployment endeavours that, when scaled, can assistance folks continue being effective and employable in a reworking labor market.

“Challenge Spotlight has experienced a profoundly good affect in enabling SkyHive to accomplish its mission of advancing economic prosperity and inclusion through the use of exponential technology,” explained Sean Hinton, founder and CEO of SkyHive. “It’s not only the startup awareness and deep area experience that the Accenture team has provided us on this journey – it’s the remarkable assist and the alignment of our eyesight and mission that helps make this collaboration so strong and exclusive. This partnership has opened up new alternatives and substantially accelerated both equally the speed and high quality in which we go-to-sector. We are honored to be a section of Venture Highlight.”

Venture Highlight will concentrate on startups that deal with places of largescale strategic significance for Accenture’s enterprise clientele like closing the competencies hole, details sovereignty, the upcoming of function, edge devices at scale and predictive methods. In addition to SkyHive, other startups now in the software contain Synadia, a service provider of safe communications technologies for electronic methods that Accenture Ventures invested in in July, and InCountry, a information residency-as-a-service system company Accenture Ventures invested in final month.

For much more information on Accenture Ventures, stop by https://www.accenture.com/ventures.

About Accenture

Accenture is a global experienced companies organization with main abilities in digital, cloud and stability. Combining unmatched experience and specialised competencies across extra than 40 industries, we present Method and Consulting, Interactive, Engineering and Functions services–all driven by the world’s major network of State-of-the-art Technologies and Clever Functions facilities. Our 506,000 people supply on the guarantee of technologies and human ingenuity every day, serving clientele in extra than 120 countries. We embrace the energy of alter to develop worth and shared success for our shoppers, men and women, shareholders, partners and communities. Stop by us at www.accenture.com.

Copyright (C) 2020 Accenture. All rights reserved. Accenture and its logo are emblems of Accenture.

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Source: Accenture

Hannah Unkefer
Accenture
206-839-2172
[email protected]